As the Iran-Israel conflict takes an uncertain pause, what has caused oil prices to go down after an initial upward spike?

Oil prices have slumped. A barrel of U.S. crude fell 6% to around $64, and Brent Crude, the international standard, had a similar drop.

The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and ...

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the ...

A longtime friend of Tehran, Beijing jumped into verbal action when Israel attacked Iran nearly two weeks ago When Israel ...

The Left is going to try to say that Donald Trump should have had permission from Congress to strike Iran, but it has no morality on this.

Oil prices dropped in Tuesday trading, as traders have learned that "no wars will stop the flow of oil," said Manish Raj, ...

The national average price for a gallon of gasoline is $3.22, up eight cents from last Monday. One year ago, the price was $3 ...

Half a dozen ships have diverted course on the way to the Strait of Hormuz, the crucial waterway connecting the energy-rich ...

China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...

BRUSSELS — Foreign ministers from across the European Union gathered in Belgium on Monday for their regularly scheduled ...

Trump saying Tuesday morning on Truth Social that China can "now continue to purchase oil for Iran" also seemed to help the ...